Market ends flat in rangebound session amid tariffs concern
At close, the Sensex was down 7.51 points or 0.01% at 74,332.58, and the Nifty was up 7.80 points or 0.03% at 22,552.50. For the week, BSE Sensex added 1.5% and Nifty jumped 2%.
At close, the Sensex was down 7.51 points or 0.01% at 74,332.58, and the Nifty was up 7.80 points or 0.03% at 22,552.50. For the week, BSE Sensex added 1.5% and Nifty jumped 2%.
Benchmark indices on Wednesday bounced back sharply with Nifty finishing above 22,300, breaking a 10-day losing streak.
With today's fall, the Nifty50 closed in the negative zone for the tenth session in a row, while Sensex ended lower for third day.
Benchmark indices plunged nearly 2% on Friday, dragged down by a broad-based sell-off wiping out Rs 8.8 lakh crore in market capitalization. For the week, the total wealth erosion has been recorded at ₹20 lakh crore.
At close, Sensex was up 10.31 points or 0.01% at 74,612.43, and the Nifty was down 2.50 points or 0.01% at 22,545.05.
The broader Nifty 50 of the National Stock Exchange slumped 346.55 points or 1.94 per cent to 17,530.85 points against its previous day's close at 17,877.40 points.
At 9.26 am, Sensex traded at 59,598.92 points, down 335.09 points or 0.56 per cent, whereas Nifty traded at 17,784.25 points, down 93.15 points or 0.52 per cent.
India's wholesale inflation declined further during the month of August to 12.41 per cent from 13.93 per cent the previous month but continues to remain in double digits, official data released on Wednesday showed.
Coming to the domestic indices, at 9.24 am, Sensex traded at 59,977.47 points, down 593.61 points or 0.98 per cent, whereas Nifty traded at 17,904.35 points, down 165.70 points or 0.92 per cent.
The 30 stock S&P BSE Sensex surged 455.95 points or 0.76 per cent to 60,571.08 points against its previous day's close at 60,115.13 points. The Sensex started the day in the positive at 60,408.29 points and surged to a high of 60,635.28 points in the intra-day.
